Hemp Market Data Improving but Still Inflated

Blog

Hemp Market Data Improving but Still Inflated

Chase Hubbard | 05.12.2023

The value of major hemp market segments is inflated in the recently released National Hemp Report published by USDA National Agricultural Statistics Service (NASS).  The values are purely reflection of survey response, and respondents continue to submit values that are more aspirational than anything. 

We noted in previous commentary that the acreage figures in the NASS report should be a more accurate representation of production since the data is collected well after harvest.  FSA data is collected shortly after planting. 

For sales figures, operators are r...

Read More
California LCFS Credit Volume Reaches New Monthly High

California LCFS Credit Volume Reaches New Monthly High

 

Monthly Credit Comparison California, Oregon, British Columbia

Monthly LCFS credit transactions reached an all-time high of 5.6 million in California....

READ MORE

Market Sees More Trading Action, Limited Moves

Market Sees More Trading Action, Limited Moves

**Please note - Ryan Standard was out of the office today and will return on May 12. In his...

READ MORE

Dog and Cat Food Export $/MT Lower After 6-Months Higher

Dog and Cat Food Export $/MT Lower After 6-Months Higher

According to the May release from the U.S. Census Bureau, March 2023 dog and cat food exports (dollar value...

READ MORE

Animal Fats – International

Animal Fats – International

The Australian and New Zealand markets were steady this week with no changes reported. Market dynamics remain similar, increasing...

READ MORE

Weekly Grain Exports Hit-and-Miss

Weekly Grain Exports Hit-and-Miss

Market Update

Soybean futures slipped to a one-week low this morning, falling sharply overnight. This bearish move was caused primarily...

READ MORE

Hide Weights Decrease As Summer Months Near

Hide Weights Decrease As Summer Months Near

Buyer and seller negotiations remain ongoing, but some business was concluded for steer selections. Colorado branded steers and jumbo...

READ MORE

European Tanners Extend Close Due to Holidays & Limited Demand

European Tanners Extend Close Due to Holidays & Limited Demand

Membership required to view content.

May 11

Argentine slaughter totaled 1.2 million head in April, up almost 10 percent from a...

READ MORE

SBO Futures Close Just Above 51 Cents

SBO Futures Close Just Above 51 Cents

Edible oil futures prices were lower on Thursday, as a weaker U.S. dollar, rapid planting progress in the U.S....

READ MORE

Articles by Topic

Blog

07.26.2024

US Court of Appeals sends SRE decision back to EPA; soyoil prices tumble on potentially lower biofuel demand

US Court of Appeals sends SRE decision back to EPA; soyoil prices tumble on potentially lower biofuel demand

On Friday July 26, the US Court of Appeals vacated at least some of the blanket small refinery exemption (SRE) denials made by the Environmental Protection Agency (EPA) in...

READ MORE

07.26.2024

Animal fats and oils trade freezes following soybean oil market drop on SRE report

Animal fats and oils trade freezes following soybean oil market drop on SRE report

Trading in the animal fats and oils market was quiet on Friday July 26; the California yellow grease market the only one to rise, with prices up to 31-32...

READ MORE

07.26.2024

Porcine bloodmeal, Missouri River, moves higher week on week; June commercial cattle, hog slaughter

Porcine bloodmeal, Missouri River, moves higher week on week; June commercial cattle, hog slaughter

US animal protein prices were highly mixed in the week to Friday July 26, with limited trade on both Thursday July 25 and on Friday. Porcine bloodmeal was the...

READ MORE

Latest Tweets

Twitter feed is not available at the moment.